Georgia 2025-2026 Regular Session Status: Introduced 19 R cosponsors

SB 463 — Specialized Land Transactions; business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; prohibit

Last action — House Committee Favorably Reported By Substitute

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 38% · moderate confidence
  • Introduced

    Current position in the legislative process.

  • 19 sponsors

    1 primary, 18 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (19 R).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.

Bill Text

Action History

  1. House Committee Favorably Reported By Substitute

  2. House Second Readers

  3. House First Readers

  4. Senate Passed/Adopted By Substitute

  5. Senate Third Read

  6. Senate Read Second Time

  7. Senate Committee Favorably Reported By Substitute

  8. Senate Read and Referred

  9. Senate Hopper

Sponsors

Sponsorship breakdown

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1 sponsors · 18 co-sponsors · 228 not signed on · 2 voted No

Sponsors (1)

Co-sponsors (18)

Not signed on (228)

228 members have not signed on to this bill.

Show all 228 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

PASSAGE BY SUBSTITUTE

Passed 49 Yea · 3 Nay · 4 Other
Party YeaNayPresentNot Voting
Republican 29300
Democrat 20003
Unaffiliated 0001
Total 49304
% of votes cast 88%5%0%7%
How each member voted (56)
Member Party Vote
VACANT — Not Voting
David Lucas Democrat Yea
Derek Mallow Democrat Yea
Donzella James Democrat Yea
Ed Harbison Democrat Yea
Elena Parent Democrat Yea
Emanuel Jones Democrat Yea
Freddie Powell Sims Democrat Yea
Gail Davenport Democrat Yea
Harold Jones II Democrat Yea
Jaha Howard Democrat Yea
Josh McLaurin Democrat Not Voting
Kenya Wicks Democrat Not Voting
Kim Jackson Democrat Not Voting
Michael 'Doc' Rhett Democrat Yea
Nabilah Parkes Democrat Yea
Nan Orrock Democrat Yea
Nikki Merritt Democrat Yea
RaShaun Kemp Democrat Yea
Randal Mangham Democrat Yea
Sally Harrell Democrat Yea
Sheikh Rahman Democrat Yea
Sonya Halpern Democrat Yea
Tonya Anderson Democrat Yea
Ben Watson Republican Yea
Bill Cowsert Republican Nay
Billy Hickman Republican Yea
Blake Tillery Republican Yea
Bo Hatchett Republican Yea
Brian Strickland Republican Yea
Carden Summers Republican Nay
Chuck Hufstetler Republican Yea
Chuck Payne Republican Yea
Clint Dixon Republican Yea
Drew Echols Republican Yea
Ed Setzler Republican Yea
Frank Ginn Republican Yea
Greg Dolezal Republican Yea
Jason Anavitarte Republican Yea
Jason T. Dickerson Republican Yea
John Albers Republican Yea
Kay Kirkpatrick Republican Yea
Larry Walker, III Republican Yea
Lee Anderson Republican Yea
Marty Harbin Republican Yea
Matt Brass Republican Yea
Max Burns Republican Yea
Mike Hodges Republican Nay
Randy Robertson Republican Yea
Rick Williams Republican Yea
Russ Goodman Republican Yea
Sam Watson Republican Yea
Shawn Still Republican Yea
Steve Gooch Republican Yea
Steven McNeel Republican Yea
Timothy Bearden Republican Yea

Official roll call →

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 463 do?
A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises or business enterprises controlled by natural born persons from owning an interest in more than 500 single-family residential properties; to prohibit foreign investment vehicles from owning any interest in a single-family residential property to be used as rental property; to provide a private cause of action against a business enterprise that owns an interest in more than 500 single-family residential properties and foreign investment vehicles; to provide for the disclosure of information by brokers; to provide an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.
Who sponsors SB 463?
SB 463 is sponsored by Russ Goodman (Republican), Ben Watson (Republican), Blake Tillery (Republican), Jason T. Dickerson (Republican), Drew Echols (Republican), Lee Anderson (Republican), Bill Cowsert (Republican), Kay Kirkpatrick (Republican), Steve Gooch (Republican), Timothy Bearden (Republican), Brian Strickland (Republican), Chuck Hufstetler (Republican), Bo Hatchett (Republican), Frank Ginn (Republican), Shawn Still (Republican), Randy Robertson (Republican), Jason Anavitarte (Republican), Larry Walker, III (Republican), and Greg Dolezal (Republican).
What is the current status of SB 463?
This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
Where can I track SB 463?
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Last checked for changes 3 months ago · updated continuously

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